Author: Drishya Yadav

SteelMint’s assessment for domestic 304 grade stainless steel scrap prices fell by 8.7% to INR 126,000/t ($1,588/t) ex-Delhi today as against prices on 30 June. The correction in import scrap prices and poor demand pulled domestic market prices lower. Notably, LME nickel three-month future prices have dropped by $659/t w-o-w. The price of stainless steel…